According to the public record, 34, Russell Close, Wallsend is a modern leasehold house and with 643 ft2 of internal area and sits on a 74.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Russell Close, Wallsend, NE28 is located in the borough of North Tyneside within the NE28 postal district.
34, Russell Close, Wallsend has a single entry in the Land Registry database from October 2010 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 34 Russell Close Wallsend as £138,376 and the rental value as £830 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 34 Russell Close Wallsend has increased by £4,112 (3.0%) and its rental value has increased by £78 per month (9.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 34, Russell Close, Wallsend is in very good condition we estimate a sale value of £145,295 and rental value of £872 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,690 and a rental value of £772 per month.
If you were able to purchase this property for the estimated value of £138,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £680 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 34, Russell Close, Wallsend sits on a plot of 74m2.
We have plot size data on 26 out of 26 other houses in the postcode and 34, Russell Close, Wallsend sits on the 24th largest plot.
According to HM Land Registry, 34, Russell Close, Wallsend was last sold on 29 Oct 2010 for £110,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2010, the market for similar properties has risen 38.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Russell Close, Wallsend within a radius of 90m over the last 2 years.
The most recent example is 15, Bristol Drive, Wallsend, NE28 9HW, a Freehold house which sold for £134,500 in Dec 2023.
Read more about house prices in NE28.
Russell Close, Wallsend, NE28 has a total of 38 addresses. According to our analysis of all the public data, 34, Russell Close, Wallsend is the 26th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in NE28.
34, Russell Close, Wallsend has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Oct 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 34, Russell Close, Wallsend is Northumberland Park (Tyne & Wear) station which is 3.0 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, Russell Close, Wallsend, 55.7% of property is privately owned outright and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 34, Russell Close, Wallsend, 13.1% of residents are recorded as possessing school level qualifications and 24.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 34, Russell Close, Wallsend, the average age was 44.3 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 34, Russell Close, Wallsend, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 34, Russell Close, Wallsend, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.